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February 2, 2022
Question

Automatic population of VAT percentage

  • February 2, 2022
  • 1 reply
  • 0 views

I have been using quickbooks online for just over a year. I have to manually keep entering the 20% on invoices etc. Is there any setting I haven't yet found that means this populates automatically please. Also need to make it seamless for staff as we have just become VAT registered.

1 reply

February 2, 2022

Hello VANNEH, 

 

Welcome to the Community page, 

 

So you can only set a default VAT code on a chart of accounts and product and service accounts. so for example if you have a product and service if you click on edit on the item, theirs a default tax code in its settings where you can put the code in then each time you select that item on say the invoice it will put that defaulted vat code on for you.